Hotels & Tourism
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).
Small steps, big impact: How Singapore embraces sustainable tourism
Experts from Sentosa Development Corporation and Monster Day Tours discuss initiatives and projects promoting sustainable travel in Singapore.
Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133
Distribution per stapled security or DPS is 1.92 cents for the period
Hotel average room rates were almost unchanged in June
It inched up to $273.85.
Singaporeans keen to invest in travel despite high living costs
Singaporean Gen Z’s travel to mentally recharge and alleviate stress.
Heads up Singapore citizens: 15-day visa-free policy in China to resume
It takes effect on 26 July.
Ascott, GSTC ink deal to jointly train hospitality professionals on sustainability
The parties will facilitate over 700 hours of training in the last quarter of 2023.
Changi Airport’s passenger traffic crosses 5 million for the first in three years
The June 2023 record is 88% of the June 2019 level.
Singapore knocks off Japan as world’s most powerful passport
Citizens of the Lion City can visit 192 destinations visa-free.
‘Notice of arrest’ issued against HPL’s MD over Iswaran’s corruption probe
Ong Beng Seng, however, has posted bail of $100,000.
Emirates launches Premium Economy Class in Singapore
It is offered for flights between Singapore and Dubai.
The best is yet to come for SG's hospitality market: C&W
In April, Revenue Per Available Room (RevPAR) reached a historical high of $212 per night.
Visitor arrivals drop in May but remain above one million
The 1.11 million visitors that arrived in May is still more than double the arrivals a year ago.
Singapore Tourism Board sets up Singapore Wanderland on Roblox
Its beta launch drew in 2 million visitors.
ZUZU Hospitality clinches $12m in Series B funding round
The startup plans to make investments in AI tools to improve its travel services.
Changi Airport crowned as best airport for stopovers
The airport also ranked first in food and retail service satisfaction.
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